A bill to amend 1939 PA 3, entitled “An act to provide for the regulation and control of public and certain private utilities and other services affected with a public interest within this state; to provide for alternative energy suppliers and certain providers of electric vehicle charging services; to provide for licensing; to include municipally owned utilities and other providers of energy under certain provisions of this act; to create a public service commission and to prescribe and define its powers and duties; to abolish the Michigan public utilities commission and to confer the powers and duties vested by law on the public service commission; to provide for the powers and duties of certain state governmental officers and entities; to provide for the continuance, transfer, and completion of certain matters and proceedings; to abolish automatic adjustment clauses; to prohibit certain rate increases without notice and hearing; to qualify residential energy conservation programs permitted under state law for certain federal exemption; to create a fund; to encourage the utilization of resource recovery facilities; to prohibit certain acts and practices of providers of energy; to allow for the securitization of stranded costs; to reduce rates; to provide for appeals; to provide appropriations; to declare the effect and purpose of this act; to prescribe remedies and penalties; and to repeal acts and parts of acts,” by amending section 10h (MCL 460.10h), as amended by 2023 PA 245.
House Bills 4124-4129 amend the Income Tax Act to provide tax credits for research and development in advanced nuclear reactor technologies, with a total annual cap of $2.5 million, effective from 2026.
Co-sponsored by Reps.
Referred to the Committee on Energy
Reported without amendment
Passed in the House 85 to 19 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
Referred to the Committee on Energy and Environment